TIME dotCom formed a long white candle, indicating that the momentum of buying could be strong. This close sent the stock to its new 52-week high, thereby enhancing the positive sentiment. A positive bias may emerge above the MYR9.50 level, with an exit set below the MYR9.12 mark. Towards the upside, the immediate resistance is at the MYR11 level, followed by the MYR12 threshold.
Source: RHB Securities Research - 4 Mar 2020
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Created by rhboskres | Aug 26, 2024